Green Packet Bhd Extends It's Loss

Green Packet Bhd, a wireless networking and telecommunication products provider, has deferred its target of breaking even at the earnings before interest, taxes, depreciation and amortisation (Ebitda) level to the end of this year as opposed to the first quarter of 2011, said its CEO Puan Chan Cheong.

The deferment was due to the more competitive environment and lower price point in the nomadic (portable) broadband segment that its subsidiary Packet One Networks (M) Sdn Bhd (P1) planned to grow going forward, he said during a media briefing yesterday.

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What Do We Have After CNY?

Market is unpredictable? 

Overall, the Asian market is in green today except KLSE. It opened at 10 points lower. Nonetheless, it managed to turn green before the end of the day. 

Many people said that KLSE is experiencing a short-term correction (fund manager taking profit?) and there are some uncertainties that might cause the index to dip further. To me, it is still in a perfect bull trend in overall. Of course, the market is very hard to predict.

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Homeritz Corporation Berhad Part II

After having a long break, perhaps it's time for us to get back to work and do our homework for stock market. So what have inspired you during this Chinese New Year (CNY)? 

To me, nothing special during this CNY. But I did notice 2 matters about HOMERIZ, they are the release of annual report 2010 and latest quarter report. I believe you have read my first cover on HOMERIZ in my previous post.

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Happy Chinese New Year

Today, we come to the last day of Tiger year, and tomorrow we will be step into Rabbit year.

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